Find a Question:

Chinese company takes maker Clash of Clans on

Jun

22

2016

Chinese technology company Tencent has acquired the Finnish game developer Supercell. Tencent will pay 8.6 billion dollars, converted 7.6 billion, for the maker of Clash of Clans.

Tencent takes 84 percent Supercell over which the company is valued at $ 10.2 billion. It is the second major acquisition of a major game developer by Tencent. Late last year the Chinese company took all the US Riot Games, the creators of League of Legends on. In addition, Tencent has a large stake in Activision Blizzard and Epic Games.

Supercell will continue to operate independently from its headquarters in Helsinki, promises Tencent. The employees keep their shares in the company and can sell this year to the new owner. Tencent acquires Supercell by taking over the shares of the Japanese Softbank.

Tencent is one of the largest Internet companies in the world but focuses its services in particular China. The company is among others behind the popular instant messaging service WeChat, which has more than 700 million active users.